diff --git a/libvmaf/meson.build b/libvmaf/meson.build
index 354ccd7c4..14c7fd283 100644
--- a/libvmaf/meson.build
+++ b/libvmaf/meson.build
@@ -1,5 +1,5 @@
 project('libvmaf', ['c', 'cpp'],
-    version : '2.3.0',
+    version : '2.3.1',
     default_options : ['c_std=c11',
                        'cpp_std=c++11',
                        'warning_level=2',
@@ -8,7 +8,7 @@ project('libvmaf', ['c', 'cpp'],
                       ],
     meson_version: '>= 0.47.0')
 
-vmaf_soname_version       = '1.1.2'
+vmaf_soname_version       = '1.1.3'
 vmaf_api_version_array    = vmaf_soname_version.split('.')
 vmaf_api_version_major    = vmaf_api_version_array[0]
 vmaf_api_version_minor    = vmaf_api_version_array[1]